topic Re: After Barclay when is it safe to apply? in Credit Cardshttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118244#M311846
<P>Hello!</P><P>My expreience has been that they softed my TU and EX reports for 6 straight months.&nbsp; Some times twice in a month just to see any activity.&nbsp; I can pretty much assure you that they will be checking your accounts and probably both EX and TU.&nbsp;</P><P>My advice, after speaking with Barclay Reps is to not apply for anything until the probationary period is over with them.</P><P>As alway, YMMV!</P><P>&nbsp;</P>Fri, 16 Dec 2011 03:37:32 GMTimprovingmycredit2011-12-16T03:37:32ZAfter Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1117856#M311743
<P>Ive read that Barclay is sensitive about new TL after new account. I didnt know this when I applied and received 3 new cards at once... Barclay, Discover, AMEX. Ive decided not to app for another amex for at least a year, which leaves only walmart on my list. Im not worried about being approved, just pissing off Barclay and AMEX. I would like to have all my inquires lumped together as much as possible. How long should I wait? Should i just do it? I currently have 4 inq on ex, 3 on TU, and 1 on EQ. However my AMEX wont start reporting for awhile still. So, Barclay has really only seen the INQ's if they have softed at all.. Advice?</P>Thu, 15 Dec 2011 23:25:12 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1117856#M311743Jake02152011-12-15T23:25:12ZRe: After Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1117938#M311767
<BLOCKQUOTE><HR />Jake0215 wrote:<BR /><P>Ive read that Barclay is sensitive about new TL after new account. I didnt know this when I applied and received 3 new cards at once... Barclay, Discover, AMEX. Ive decided not to app for another amex for at least a year, which leaves only walmart on my list. Im not worried about being approved, just pissing off Barclay and AMEX. I would like to have all my inquires lumped together as much as possible. How long should I wait? Should i just do it? I currently have 4 inq on ex, 3 on TU, and 1 on EQ. However my AMEX wont start reporting for awhile still. So, Barclay has really only seen the INQ's if they have softed at all.. Advice?</P><HR /></BLOCKQUOTE><P>6 months is the general concensus provided Barclays was your last application.&nbsp; They are very skiddish with new tradelines reporting after they've approved you, and could CLD or close it.&nbsp; Their portfolio department watches the account for that period of time as a precautionary measure for the bank.&nbsp; You should be fine at this point, just don't go on any app sprees during this "probationary" period with them. I would personally wait to apply for WalMart.&nbsp; Others will chime in with their viewpoint, but that's just what i'd do, and as always, YMMV</P>Fri, 16 Dec 2011 00:06:34 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1117938#M311767KIPPIE122011-12-16T00:06:34ZRe: After Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118244#M311846
<P>Hello!</P><P>My expreience has been that they softed my TU and EX reports for 6 straight months.&nbsp; Some times twice in a month just to see any activity.&nbsp; I can pretty much assure you that they will be checking your accounts and probably both EX and TU.&nbsp;</P><P>My advice, after speaking with Barclay Reps is to not apply for anything until the probationary period is over with them.</P><P>As alway, YMMV!</P><P>&nbsp;</P>Fri, 16 Dec 2011 03:37:32 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118244#M311846improvingmycredit2011-12-16T03:37:32ZRe: After Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118298#M311855
<P>My understanding is they monitor new accounts for 6 months. Barclay's is my latest account, but Cap1 actually hit my reports after Barclay's even though I app'ed with them before. Needless to say, I was scared! I won't be app'ing for anything new until my 6 months is up -- which ironically is when my baddie falls off.</P><P>&nbsp;</P><P>Tread carefully and we should be fine.</P>Fri, 16 Dec 2011 04:16:24 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118298#M311855mAndrew19802011-12-16T04:16:24ZRe: After Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118406#M311887
<P>Another issue with them (that I've read) is that they freak out when they see a sudden drastic increase of revolving debt reporting on the CBRs...especially when it is out of the normal behaviour of the cardmember. &nbsp;Most people don't seem to see any AA from them after opening new accounts after their Barclays approval, but for someone with a young credit history and escalating debt, any issuer might react with a CLD or a closure.</P>Fri, 16 Dec 2011 07:31:40 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118406#M311887jefftca9252011-12-16T07:31:40ZRe: After Barclay when is it safe to apply?http://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118450#M311899
<BLOCKQUOTE><HR />jefftca925 wrote:<BR /><P>Another issue with them (that I've read) is <FONT color="#ff0000">that they freak out when they see a sudden drastic increase of revolving debt reporting on the CBRs</FONT>...especially when it is out of the normal behaviour of the cardmember. &nbsp;Most people don't seem to see any AA from them after opening new accounts after their Barclays approval, but for someone with a young credit history and escalating debt, any issuer might react with a CLD or a closure.</P><HR /></BLOCKQUOTE><P>This reason couples with <FONT color="#ff0000"><FONT color="#000000">series of new accounts&nbsp;</FONT></FONT>with trigger AA. I don't think people should worry that much about 6 months period if they only have 1 or 2 new accounts after barclay and can maintain util on credit report under 5% at all time and PIF barclay.</P>Fri, 16 Dec 2011 11:22:27 GMThttp://ficoforums.myfico.com/t5/Credit-Cards/After-Barclay-when-is-it-safe-to-apply/m-p/1118450#M311899dookdig2011-12-16T11:22:27Z